Celero Communications raises $275M Series C
Celero Communications raised $275 million in Series C financing co-led by Atreides Management, CapitalG and Valor Equity Partners.
Maverick Silicon and Sutter Hill Ventures also participated.
The company plans to accelerate its product roadmap and research and prepare higher-bandwidth, lower-power optical connectivity for production. The financing follows validation of its 2nm coherent DSP silicon architecture, with a path from 1.6T toward 3.2T interconnects.
Use of funds
Accelerate product roadmap and R&D
Prepare production of higher-bandwidth, lower-power optical connectivity